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Adoption of a currency board

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8 years ago

Adoption of a currency board

Adoption of a currency board
A) mandates the use of currency in all domestic transactions.
B) requires that a centralized institution holds interest-bearing assets denominated in the currency against which the nominal exchange rate is being fixed.
C) is one method for achieving a soft peg policy.
D) places responsibility for exchange rate management in the hands of an agency that is independent of political influences.

Textbook

Macroeconomics

Edition: 5^th

Author: Williamson

Read 128 times

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Gordis

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Solved The nominal exchange rate is the
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Solved Adoption of a currency board
Solved A reserve currency is a currency that is:

Ao9 Author

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8 years ago

Solved!!

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Gordis

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8 years ago

I'm assuming I was right? Wink Face

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